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Russian investment bank BCS has upgraded the Russian equity market to a “buy” with a 45% upside for 2023, the bank said in a note on March 27.
Country’s banking system assessed as in strongest position it has been in for many years, but vulnerabilities “could be exposed if concerns about the global banking system were to escalate”.
The pace and scale of what has been done so far to combat climate change, and current plans, are insufficient to tackle the problem, said scientists in the latest Intergovernmental Panel on Climate Change (IPCC) report.
Italian utility Enel plans to sell its subsidiaries in several countries including Romania.
Studenac aims to become one of Croatia's top three grocery retailers and increase its market share to over 12% though a combination of organic growth and acquisitions.
Foreign investors from countries Russia deems unfriendly have been offloading billions of rubles' worth of Kremlin OFZ treasury bonds at steep discounts of up to 85%, bne IntelliNews can reveal.
One year on from Russia’s brutal invasion of Ukraine, and it’s pretty clear that Russia has already lost so much on so many fronts because of Putin’s idiotic choices.
Estonian-founded company buys used cars and rents them to customers through a subscription model.
The documents and wiretapped conversations in the Volner case unveil a country run in a mafia-style way, where state bodies collaborate with criminals and the justice system covers up any involvement of high-ranking officials.
Sub-Sahara Africa’s half dozen MSCI frontier index markets were flat in January, after the region was down 25% last year compared with the composite 30%. Tiny Senegal was the only slight gainer ...
Funding will help Bulgaria-based Dronamics to accelerate growth and expand its operations amid soaring demand for cargo drones.
Central bank governor calls in to marathon TV show to donate TRY30bn of QE to aid appeal.
The Austrian lender, which has become more and more reliant on its Russian business over the years, is still rethinking its presence in the country.
The weak macroeconomic backdrop and the spectre of possible recession are likely to stifle M&A in the coming months, according to the annual CMS/Emis Emerging Europe M&A Report.
While many Russian energy companies have been hit hard by fallout from the war in Ukraine, the country’s second biggest oil producer Lukoil has remained relatively unscathed. The EU ...
Ukraine’s lengthy and expensive reconstruction process could be a beacon to the rest of the world about the “power of capitalism,” said Larry Fink, CEO of investment company BlackRock at the Ukrainian Breakfast discussion in Davos.
Endures 2022 without IPO, fails to attract enough domestic and foreign capital.
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
The former Mendel University rector has been hit by media reports of plagiarism at the university during her tenure.
Russia’s Insight Investment Group has purchased a leasing company from the German engineering giant Siemens and is considering buying more lessors and fintech firms as the M&A tsunami unleashed by the Western sanctions on Russia continues.